Related Questions (Ask a New Question)

Can i take a reduced salary and have my employer make a larger dividend contribution to my 401k?

I am considering going back to work for my family business. let's say they are going to be paying me 60k per year. can i take a reduced base salary of 30k and have them give me an annual dividend of 30k that goes straight to my roth 401k plan? is this legal and do other people do this? i will still...

See Answers

My husband is turning 50 in october. currently his 401k

Limits him to 7% contribution but i believe once he is 50 he can save an additional $5000 pre tax for the catch up contribution. does he have to wait until october to begin the additional savings?

See Answers

Can i contribute to a previous employer's 401k plan if my current employer does not yet have one?

I have taken a new job with a start-up company that does not yet have a 401k plan. can i take a percentage of my salary and contribute it to an existing plan from my previous employer which is with a large investment firm. if yes how do i report that contribution to the irs. thank you

See Answers